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Market News

Location American Market News for 16 December 2024

Gold Edges Higher; Fed Meeting in Focus

Wall Street Journal - 16 Dec 2024 02:27
Gold edged higher in the early Asian trade. Investors were focusing on the Federal Reserve's meeting this week, Pepperstone said.
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Australia's corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect customers from criminal scams.
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Delhi Mukhyamantri Mahila Samman Yojana: Women to get ₹1,000 a month, says CM Atishi; check eligibility, other details The Mukhyamantri Mahila Samman Yojana, announced by Delhi CM Atishi, provides ₹1,000 monthly support to women over 18. Registration begins soon. With a budget of ₹2,000 crore, the scheme aims to assist women ahead of...
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UPI credit cards will grow massively in next 1-2 years, says Riya Bhattacharya of Rio Money Founder of fintech firm Rio Money Riya Bhattacharya says the average transaction size of a UPI-linked credit card is ₹850
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Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year? The mutual fund sector is poised for growth in 2025, with increased retail investment shifting towards equity funds. Experts suggest a focus on multi-asset and diversified funds, alongside sectoral funds, to navigate mar...
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How Your Spending Changes After Your Political Party Wins

Wall Street Journal - 16 Dec 2024 12:30
The election has put Republicans in a mood to shop.
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Marc Rowan is one of the few private-equity chiefs who hasn't clearly designated an heir apparent.
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Cruise Lines Are Basking in Holiday Cheer

Wall Street Journal - 16 Dec 2024 12:30
This "wave season" is shaping up to be not only the strongest since the pandemic but also the best ever.
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American Express Platinum Travel vs. Marriott Bonvoy HDFC Card: Which hotel credit card wins? American Express Platinum Travel Credit Card provides 48,000 reward points and a Rs. 10,000 Taj Stays voucher for Rs. 4 lakhs annual spends. The Marriott Bonvoy HDFC Bank Credit Card provides 10 Elite nights with Marriot...
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Belated Income Tax Return: You can file it before Dec 31. Check details Those tax payers who missed filing their income tax returns for FY 2023-24 before the July 31 deadline can still file it before Dec 31.
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Best credit cards for international students: Top 3 picks for abroad Credit cards: For students studying abroad, managing finances is crucial. Student credit cards like HDFC Bank's and IDFC FIRST WOW provide essential benefits and facilitate spending in different currencies, though users ...
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Best Mutual Funds 2024: THESE large cap, mid cap, small cap schemes beat the benchmark index in past 1 year Experts often advise that the past returns are not the sole criteria which investors should examine. They should focus on other factors as well such as the category the scheme belongs to, macro-economic factors, reputati...
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Top five private general insurance companies: A comparison We compile a list of the best insurers based on various parameters, such as solvency, claim settlement, and grievance redressal.
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How to calculate foreign currency conversion mark-up fees on credit cards? Credit Cards: In order to cut down on foreign currency conversion mark up fee, it is recommended to look for the cards which charge a lower mark-up fees
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Personal Loans vs. Payday Loans: 10 crucial differences you need to know While personal loans can be of a higher amount, say ₹5 lakh; payday loans are typically of lower denomination which are offered to cover an urgent expense of a borrower.
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Personal loan for self-employed: How can one raise money based on ITR. Details here Personal loan: In order to procure personal loan on the basis of your income tax return (ITR), you should have a high credit score, good cash flow, returns of past few years indicating sufficiently high income
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Oil Futures Edge Lower in Possible Technical Correction

Wall Street Journal - 16 Dec 2024 03:01
Oil futures edged lower in a possible technical correction after prices for U.S. and global benchmark oil posted their largest weekly percentage gains in three weeks.
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Asian Currencies Consolidate Ahead of Event-Packed Week

Wall Street Journal - 16 Dec 2024 02:32
Asian currencies consolidated against the dollar ahead of a week packed with events including the FOMC meeting.
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JGBs Fall, Tracking Declines in U.S. Treasurys

Wall Street Journal - 16 Dec 2024 02:26
JGBs fell in the morning Tokyo session, tracking Friday's price declines in U.S. Treasurys.
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Nikkei May Rise on Weaker Yen

Wall Street Journal - 16 Dec 2024 01:42
Japanese stocks may rise thanks to a weaker yen even as uncertainty over U.S. and Japanese monetary policy outlook continues.
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Bonobos Owner Nears Deal for Wedding-Dress Brand Vera Wang

Wall Street Journal - 16 Dec 2024 00:55
WHP Global is nearing a deal to purchase the Vera Wang brand, which brings in over $700 million in annual retail sales, according to people familiar with the matter.
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